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Physical rubber prices closed firm on Saturday

06 May 2013 Evaluate

Physical rubber prices closed firm on Saturday following a better closing on the commodity futures market.

Spot prices for RSS-4 variety improved to Rs 164.50 compared to its previous closing of Rs 163.50/ kg, while RSS-5 variety closed at Rs 161/ kg compared to its previous closing of Rs 160/ kg.

In the futures market, contract of May delivery improved to Rs 166.95 compared to its previous closing of Rs 164.87, while June delivery closed at Rs 167.20 compared to its previous closing of Rs 164.97 on the National Multi Commodity Exchange (NMCE).

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